News for 'Federal Board of Revenue'

Why current cricketers should be thankful to Tendulkar, Dravid and Kumble

Why current cricketers should be thankful to Tendulkar, Dravid and Kumble

Rediff.com10 Apr 2019

Referring to the trio's fight for share in BCCI revenue for players back in 2001-02, sehwag said it went a long way in guaranteeing financial security that is enjoyed by the current crop of players.

IOC proposes Tokyo 2020 Games boxing plan without AIBA

IOC proposes Tokyo 2020 Games boxing plan without AIBA

Rediff.com20 Jun 2019

The IOC Executive Board on Wednesday finalised weight categories (eight men, five women) for the Tokyo Games as well as the qualification system.

Aus govt likely to green light India's tour Down Under

Aus govt likely to green light India's tour Down Under

Rediff.com25 Apr 2020

Cricket Australia, who is undergoing financial due to global lockdown, received a boost with the government set to give the Indian team international travel exemptions.

Why TN Has Challenged NEET in Supreme Court

Why TN Has Challenged NEET in Supreme Court

Rediff.com22 Feb 2023

As the petition points out, new medical colleges entail adjunct government hospitals, thus making specialised medical care that much more accessible to the vast majority of population that otherwise could not afford high-cost medical care in the private sector, N Sathiya Moorthy points out.

The A-W Of Desi Guests At the White House Dinner

The A-W Of Desi Guests At the White House Dinner

Rediff.com24 Jun 2023

The dinner Jill Biden and her husband US President Joe Biden hosted for Indian prime minister Narendra Modi, June 22, at the White House brought together, Indians and Americans from so many firmaments.

Why BCCI boss Ganguly is giving ICC sleepless nights

Why BCCI boss Ganguly is giving ICC sleepless nights

Rediff.com7 Feb 2020

Sourav Ganguly-led BCCI's demand is for a tournament involving the 'Big Three' of India, Australia and England plus another country to be slotted into an already bursting schedule, putting it on course for a clash with the ICC, which has enjoyed a period of calm in recent years at its Dubai headquarters. India's 'Super Series' proposal is a concern to many in the game, including the executive chairman of the Federation of International Cricketers' Associations (FICA), Tony Irish.

Paytm makes history; IPO oversubscribed 1.89 times

Paytm makes history; IPO oversubscribed 1.89 times

Rediff.com10 Nov 2021

Paytm's Rs 18,300 crore IPO was oversubscribed 1.89 times on the last day of India's biggest share sale on Wednesday, making it one of the country's most valued companies. The initial public offering of Paytm's parent company One97 Communications Ltd received bids for 9.14 crore equity shares against the offer size of 4.83 crore shares, according to information available from stock exchanges. While the portion set aside for retail investors was oversubscribed early, institutional buyers including FIIs flooded the share sale with offers on Wednesday, seeking 2.79 times the number of shares reserved for them.

IMF, Pak reach agreement on 2nd review of $6bn bailout package

IMF, Pak reach agreement on 2nd review of $6bn bailout package

Rediff.com28 Feb 2020

The agreement is subject to approval by the IMF management and consideration by its executive board, which is expected in early April.

'Nightwatchman' Bommai will stay till polls

'Nightwatchman' Bommai will stay till polls

Rediff.com27 Aug 2022

Success in Karnataka's assembly polls will hinge on two factors: Drop a large number of incumbent MLAs and project Modi and not the state leaders, least of all Bommai.

Bangladesh cricketers end strike, India tour to go on as planned

Bangladesh cricketers end strike, India tour to go on as planned

Rediff.com24 Oct 2019

As well as hefty pay increases, players in the cricket-mad Asian country demanded a return to a franchise-based model in the Bangladesh Premier League (BPL) and the resignation of the present committee of the country's Cricketers Welfare Association.

US SEC to seek Sebi's cooperation 'crack' Infosys case

US SEC to seek Sebi's cooperation 'crack' Infosys case

Rediff.com25 Oct 2019

Infosys said it is also "aware of a securities class action lawsuit" that has been filed against the company in a federal court in the US, based on the generalised allegations in the anonymous complaints. The company intends to defend itself vigorously in such a lawsuit.

This is how much delayed Tokyo Olympics could cost IOC

This is how much delayed Tokyo Olympics could cost IOC

Rediff.com14 May 2020

The International Olympic Committee expects to bear costs of up to $800 million for its part in the organisation of the postponed Tokyo 2020 Olympics, now due to be staged next year, IOC president Thomas Bach said on Thursday. In March, the International Olympic Committee and the Japanese government decided to delay the Games, which were due to start this July, for a year because of the coronavirus pandemic that has killed 300,000 people worldwide.

Govt readying a real-time master list of economic offenders

Govt readying a real-time master list of economic offenders

Rediff.com1 Aug 2018

Officials say that such a list, to be updated on a real-time basis, will serve as a ready reckoner in identifying those committing multiple economic offences

Enhanced GST mop-up should now be 'new normal': FM

Enhanced GST mop-up should now be 'new normal': FM

Rediff.com1 Jul 2021

Finance Minister Nirmala Sitharaman on Thursday said taxpayer base has almost doubled to 1.28 crore in four years of rollout of the historic tax reform and the enhanced GST mop up in the recent months should now be the "new normal". In a written message to tax officers on the fourth anniversary of GST rollout, she said implementing any reform of this scale in a large and diverse country like India can be highly challenging, but GST has brought about ease in taxpayer compliance and reduced common man's tax burden.

'We will become a good welfare State if...'

'We will become a good welfare State if...'

Rediff.com29 May 2020

'... the government provides adequate cash and kind support for the poorest of the poor for survival... ...conditional cash and skilling support for the economically poor to raise their incomes to adequate levels... ...and make functional arrangements for providing unemployment allowance to the vulnerable poor during disasters like the present one.'

'Stench' of Nassar scandal will dog USA Gymnastics for years

'Stench' of Nassar scandal will dog USA Gymnastics for years

Rediff.com26 Jan 2018

The scandal stemming from longtime USA Gymnastics doctor Larry Nassar's sexual abuse of young female athletes could take a financial toll on the sports federation for years, sponsorship executives said.

Pakistan says India should not be given international sporting events

Pakistan says India should not be given international sporting events

Rediff.com4 May 2017

The National assembly's Standing Committee on Sports in Pakistan observed that in recent months, India had been trying to isolate Pakistani sportspersons by depriving them a chance to compete in international events.

US SEC starts probe into Infosys whistleblower charges

US SEC starts probe into Infosys whistleblower charges

Rediff.com24 Oct 2019

"The company has been in touch with the Securities and Exchange Commission (SEC) regarding the anonymous whistleblower complaints (anonymous complaints) and has learnt that the SEC has initiated an investigation into this matter. The company will cooperate with the SEC's investigation," Infosys said in a statement.

IPO rush: Samvat 2078 set to break new records

IPO rush: Samvat 2078 set to break new records

Rediff.com11 Nov 2021

A total of 49 companies raised Rs 81,615 crore in Samvat 2077, more than the preceding four years and almost double the amount raised in the previous year. Samvat 2078 appears even more promising with mega issues of Paytm and Life Insurance Corporation (LIC) of India. However, Paytm's record could be short-lived as state-owned LIC is planning to launch a Rs 1-trillion IPO by March 2022.

Who will buy Citi's consumer business?

Who will buy Citi's consumer business?

Rediff.com24 May 2021

The sale will be quicker if an Indian private bank buys it; it will take longer for regulatory clearances if a foreign bank or an NBFC buys it, points out Tamal Bandyopadhyay.

WTA suspends tournaments in China over Peng concerns

WTA suspends tournaments in China over Peng concerns

Rediff.com2 Dec 2021

Tennis great and founder of the WTA Billie Jean King was among those who applauded the announcement.

Check out all that happened at the GST meet

Check out all that happened at the GST meet

Rediff.com21 Jun 2019

GST Council extends anti-profiteering authority's tenure, sends rate cut on EVs to fitment panel and also extended the date for filing annual returns under the GST by two months to August 30.

Pranab, Modi, Demonetisation

Pranab, Modi, Demonetisation

Rediff.com8 Nov 2022

'Modi had not discussed demonetization with me prior to his announcement on 8 November 2016. 'I learnt of it along with the rest of the country. 'I was not surprised when he did not discuss the issue with me prior to making the public announcement. 'It fitted in with his style of making dramatic announcements.' A fascinating excerpt from Pranab Mukherjee's The Presidential Years: 2012-2017.

Indian Railways mulls incubators to promote start-ups

Indian Railways mulls incubators to promote start-ups

Rediff.com27 Feb 2016

On an annual basis, we'll seek out solutions to Indian Railways' most critical problems through 'innovation challenge': Suresh Prabhu

Plane carrying football players from Brazil crashes, 76 dead

Plane carrying football players from Brazil crashes, 76 dead

Rediff.com29 Nov 2016

A plane carrying 72 people, including football players from Brazil, has reportedly crashed in Colombia. Authorities are responding to an emergency after an airplane with 72 people on board has crashed on its way to Medellin's international airport.

Why PEs may be better source of capital for banks

Why PEs may be better source of capital for banks

Rediff.com16 Dec 2020

India may adopt norms similar to the US Federal Reserve model, which regulates conglomerate-led banks in the country.

Markets set new highs on earnings optimism

Markets set new highs on earnings optimism

Rediff.com17 Jul 2017

Wipro rose the most, up 3.12 per cent, ahead of its board meeting to discuss buyback of shares.

Australian govt may intervene in CA-ACA dispute

Australian govt may intervene in CA-ACA dispute

Rediff.com28 May 2017

'If it got to a last-minute situation, I suspect that we would offer to provide good officers brokering between the parties, but there's six months between now and the Ashes'

What's on their mind? Money, money, money...

What's on their mind? Money, money, money...

Rediff.com26 Apr 2015

Zimabawe ask PCB for financial incentives for touring players.

India Inc wants states to migrate to GST at one go

India Inc wants states to migrate to GST at one go

Rediff.com18 Aug 2016

Companies are worried that any staggered roll-out of GST could result in cash flow issues with businesses not able claim tax credit due to breakage in the chain

Indian exporters feel the heat of India-China tension

Indian exporters feel the heat of India-China tension

Rediff.com26 Jun 2020

The FIEO on Thursday reiterated that the Customs authorities at several ports in India had ordered a sudden examination of Chinese consignments without any official word from the government, and this may have led to the Chinese retribution.

Why real estate should NEVER be under GST

Why real estate should NEVER be under GST

Rediff.com15 Dec 2017

If the government tries to bring in real estate under GST now, it will be a typical case of biting more than what one can chew, says Sukumar Mukhopadhyay.

The Kerala minister who's fighting for states in GST Council

The Kerala minister who's fighting for states in GST Council

Rediff.com23 Oct 2020

Thomas Isaac has been in and out of the national news in his role as Kerala's finance minister since 2018 for various path-breaking tax initiatives. But it is 2020 that he has become more prominent, principally in the GST council.

Fifa election: Reforms passed to prevent corruption

Fifa election: Reforms passed to prevent corruption

Rediff.com26 Feb 2016

FIFA approved major reforms at a congress on Friday, part of world football's effort to end the culture of corruption that has plagued its governing body for years. The measures were adopted by 179 members, while 22 voted against and six abstained at a congress in Zurich that will also elect a replacement to FIFA's disgraced president Sepp Blatter. The reforms were developed since June by a committee led by Francois Carrard, a Swiss lawyer tasked with a similar cleanup effort at the International Olympic Committee more than a decade ago. Among the most crucial measures are changes in the role of FIFA's president and its executive committee. The president's job has been altered to function like a corporate chairman of the board, providing strategic guidance but with less management authority. FIFA's executive committee, which had become an epicenter of graft, has been re-branded as a FIFA council, and will operate similar to a corporate board of directions. FIFA's secretary general, previously number two to the president, will serve as world football's CEO.

T20 World Cup final highlights India's gender pay gap

T20 World Cup final highlights India's gender pay gap

Rediff.com9 Mar 2020

When defending champions Australia compete in the Women's Twenty20 World Cup final in Melbourne on Sunday, they will earn the same as their male counterparts would - in stark contrast to their rivals, India. In cricket-mad India, male players are revered as gods, paid handsomely and showered with lucrative endorsement deals, from watches and shoes to snacks, headphones and even toothbrushes. The women barely get a look-in.

Anand Sharma's prescription for the ailing economy

Anand Sharma's prescription for the ailing economy

Rediff.com27 Aug 2013

Sharma was addressing the members of the Board of Trade, a body comprising captains of Indian industry.

BCCI agrees to work with NADA, but...

BCCI agrees to work with NADA, but...

Rediff.com18 Mar 2019

The Indian cricket board will work with the National Anti-Doping Agency for a period of six months, while attaching another rider to the tripartite agreement along with WADA

Will enter into talks with all neighbours to bring peace: Imran Khan

Will enter into talks with all neighbours to bring peace: Imran Khan

Rediff.com20 Aug 2018

Khan stressed on taking austerity measures, working on tax reforms instead of taking loans, rooting out corruption.

BJP's 3 big political messages through GST

BJP's 3 big political messages through GST

Rediff.com12 Jul 2017

The GST's significance for the BJP's politics is as important as its implications for the Indian economy, says A K Bhattacharya.

Canadian charity funding Hizbul Mujahideen in Kashmir: Report

Canadian charity funding Hizbul Mujahideen in Kashmir: Report

Rediff.com26 Jul 2013

The dreaded Kashmiri terrorist outfit Hizbul Mujahideen may be receiving money through a Pakistan-based agency from an Islamic charity in Canada engaged in helping the poor and needy in this country.